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Weekly Address: Ensuring a Fair and Competitive Marketplace

Summary: 
In this week’s address, President Obama discussed the importance of fair competition in the marketplace.

In this week’s address, President Obama discussed the importance of fair competition in the marketplace. The principle of fair competition isn’t a Democratic or a Republican idea – it’s an American idea. Over the past eight years, the Obama Administration has taken many actions to keep the marketplace fair, including: defending a free, open, and accessible internet; cracking down on conflicts of interest by making sure professionals who give retirement advice do so in the consumer’s best interest; and – just this week – standing up for beef, pork, and poultry growers when they’re treated unfairly. The President believes our free-market economy only works when there’s competition and rules are in place to keep it fair, open, and honest. That’s what this is all about – ensuring that everyone has a chance to compete by leveling the playing field and keeping the rules clear and consistent.

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